Computer forecasting models are most accurate at predicting the economy when
a. inflation is accelerating.
b. there is a turn in the business cycle.
c. economic conditions are relatively stable.
d. supply shocks impact the economy.
C
Economics
You might also like to view...
If interest rates rise, then velocity should ____ in the Keynesian model and _____ in the Monetarist model
a. rise; fall. b. stay the same, stay the same. c. rise, stay the same. d. fall; rise. e. none of the above
Economics
Define rent seeking. Is rent-seeking activity likely to be highly profitable in the long run? Why or why not?
What will be an ideal response?
Economics